No.

Would be epic though.

no,it's 2 early and it doesn't make sense at the moment.

The earliest I'd think a price drop would happen is at TGS this year. A drop is possible but I'd say unlikely.

Before they had a huge edge in perceived value. Now it is a marginal edge. While a 50 dollar cut hurts profit now, it could be a knockout punch which would lead to much higher profits that the 50 they lost now. It does not matter if the PS4 is selling well now the lost opportunity profits MS could get back may be a huge dollar figure over 5 years.

i wouldnt be shocked if they did, but at the same time i dont think they will,  the only reason to drop the price is to take any thunder from MS that they may have with the X1 "pricedrop"  and i used quotes cause its not technically a price drop its a Kinect drop, with price adjusted accordingly.  i will say this i would be shocked if they did drop it anymore then 50$ though, if they did something of 100$ kiss the X1 goodbye for hte most part, 300$ PS4 would pretty much annihilate the X1 in sales

No need for it. The price drop should be reserved for a better timing.

If they will do a price cut it will be at Gamescom not E3 ,Sony could see how much xbox one price cut will help it and if they feel like xbox one with star selling better then PS4 constantly they will do a small price cut

In 2015 maybe.